Generation Rent Dismisses Landlord Concerns Over Renters’ Rights Bill
In a recent interview on BBC Breakfast, Ben Twomey, a leading figure from the tenant advocacy group Generation Rent, downplayed concerns over the potential backlash from landlords regarding the proposed Renters’ Rights Bill and the abolition of no-fault evictions. Twomey emphasized that tenants’ needs should take precedence, arguing that landlords, who already profit significantly from […]
Large-Scale Landlords and Build-to-Rent Set to Dominate Rental Sector
The future of the Private Rental Sector (PRS) will increasingly be shaped by large-scale landlords and the Build-to-Rent (BTR) model, according to Andy Jones, Group Director of Corporate and BTR at LRG. Speaking on the potential shifts in the market, Jones highlighted the role of Labour’s rumoured Capital Gains Tax (CGT) and Inheritance Tax reforms, […]
Buy-to-Let Mortgage Criteria ‘Ridiculous,’ Says Industry Expert
The criteria required to secure a buy-to-let mortgage has reached a level that is “ridiculous,” according to Michael Staton, director of Staton Mortgage and Protection Specialists. Staton argues that outdated stress tests imposed by lenders are trapping landlords in unfavourable deals unless they agree to raise rents. Staton highlighted that the stress testing used by […]
Finance Costs Worry Landlords Amid High Interest Rates and Inflation
A recent study by Finbri has found that 67% of property investors are increasingly concerned about rising finance costs, as high interest rates and inflation continue to impact the market. Despite the Bank of England’s recent decision to cut its base rate by 0.25% to 5% earlier this month, the benefits appear to be limited. […]
UK Conveyancers Blamed for Delays When Compared to Foreign Counterparts
The UK has emerged as the slowest among the world’s 12 most developed countries in completing property sales, according to a recent analysis by proptech firm Moverly. The study highlights that, on average, it takes 179 days—or nearly six months—for a home in the UK to transition from being listed to the final sale. This […]
Generation Rent CEO Backs Rent Controls Despite Economic Concerns
The ongoing debate over rent controls has heated up once again as Ben Twomey, the chief executive of Generation Rent, advocates for the policy as a crucial measure to protect renters from poverty and homelessness. Twomey’s comments come in response to a comprehensive study by the Institute of Economic Affairs (IEA), which examined rent control […]
Landlords May Flee Market Amid Tax Fears, Warns Property Agent
As the Autumn Budget looms, fears of increased taxes on the private rental sector may prompt a surge in landlords selling off properties, according to a regional property agent. Gareth Overton, from Henry Adams, which operates across Hampshire, Sussex, and Surrey, has observed sustained activity in the summer property market, buoyed by increased stability and […]
The Rise of Limited Company Buy-to-Let: Is It Right for You?
If you’ve been keeping an eye on the property market, you’ve probably noticed a significant shift in how landlords are managing their investments. The number of landlords opting for limited company buy-to-lets has soared in recent years. But is this something every property investor should consider? Buy Association looked into the details. Recent data reveals […]
Landlords Look to Holiday Lets Amid Looming Tax Changes
In a shifting landscape for buy-to-let (BTL) investors, the number of mortgage options for holiday lets has surged, according to a recent analysis by Moneyfactscompare.co.uk. The latest data reveals that available mortgage deals for holiday lets have climbed to 445, a significant increase from the 362 options recorded in August 2023. This growth is accompanied […]
Private Rented Sector “A Great Place to Be,” Says Zoopla Chief
The UK’s private rented sector continues to offer significant opportunities for landlords and investors, according to Richard Donnell, a 25-year industry veteran and the current head of Zoopla. In a recent statement, Donnell criticized some media outlets for disseminating “noise and misinformation” about the sector, urging landlords to remain focused on long-term strategies rather than […]